tourism spike mexico

Tourists are flocking to Mexico again, thanks to a stronger U.S. dollar. The Mexican peso has lost 13% against the dollar in the past 12 months.

The Mexican government is also doing its bit. Since 2010, it has allowed tourists with a valid U.S. visa to travel to Mexico. The change in the rules has encouraged more travelers to stop off in Mexico during their visit to the U.S., Scowsill said.

The tourism sector grew 6.9% in 2015, compared to broader GDP growth of 2.3%.

Global currency collapse: Winners and losers

First published March 21, 2016: 12:35 PM ET

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